2603 PAULA LN, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $180,802 and $229,005, with a best estimate of $215,403. That places the property below the T517364I - NORTH OF LAKE DR WEST OF 95 median of $241,901, in a neighborhood that declined 11.4% over the past year.
Estimated Value Range
$215,403
$235,373
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T517364I - NORTH OF LAKE DR WEST OF 95, this home's estimated market value is between $180,802 and $229,005. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$55,052 for 328 sqft less living space and +$11,383 for being newer. Net adjustment: -$43,669.
Adjusted -$62,437 for 372 sqft less living space and +$9,107 for being newer. Net adjustment: -$53,330.
Adjusted -$69,486 for 414 sqft less living space and +$11,383 for being newer. Net adjustment: -$58,103.
Adjusted -$9,063 for 54 sqft less living space and +$11,383 for being newer. Net adjustment: +$2,320.
Adjusted -$37,932 for 226 sqft less living space and +$11,383 for being newer. Net adjustment: -$26,549.
The Neighborhood
This home is valued 2.7% below the T517364I - NORTH OF LAKE DR WEST OF 95 median of $241,901. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 11.4% over the past year.
T517364I - NORTH OF LAKE DR WEST OF 95
typicalThis home is -2.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,895 across all districts. With a homestead exemption claimed, that drops to $3,362 — saving $1,533 per year. That's $280 per month a buyer should budget. The assessed value increased roughly in line with the neighborhood, so a tax protest is unlikely to yield significant savings.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Taylor ISD | School | 1.0638% | $2,504 |
| Taylor | City | 0.5850% | $1,377 |
| Williamson County | County | 0.3694% | $870 |
| Williamson County FM/Rd | County | 0.0443% | $104 |
| Lower Brushy Creek WCID | Water | 0.0169% | $40 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $4,895 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $215,403 would pay approximately $1,345 per month (principal and interest only, excluding taxes and insurance).